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maybe some skewed data from hurricane sandy but you back that out and i think things really stand the same. gold futures and options are very popular right now. what's going on here? i think really one has to think about if this economy would ever get any legs, any momentum. you have to think about the inflation picture. the fed has got so much emphasis on this market. it's an open ended quantitative easing market at this point. any type of momentum, any type of inflation, people are going to be concerned about that and that's why you're seeing this major interest in gold. will warmer this week bring a chill to nat gas? i think definitely it will. you saw last week futures prices sink back to 350 or so on a bigger build in inventories when we were expecting a draw. we look at the extended range forecast and we do see warmer temps across the east coast and the midwest. it's going to take a cold winter to draw off these inventories and to bring prices back up to higher levels and we're just not seeing that at this point. thanks kevin, have a good week. thank you. mexico's new president
maybe some skewed data from hurricane sandy but you back that out and i think things really stand the same. gold futures and options are very popular right now. what's going on here? i think really one has to think about if this economy would ever get any legs, any momentum. you have to think about the inflation picture. the fed has got so much emphasis on this market. it's an open ended quantitative easing market at this point. any type of momentum, any type of inflation, people are going to...
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Dec 3, 2012
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particularly on the consumer side as well, because of sandy. so i think in the meantime, until we get a resolution, i've said before, i think you're going to be in a trading range. and i think into the strength of the market, you want to take some off, never bad to have some cash. but on these pullbacks, i think you want to be buying, because i actually think the economy is getting better, particularly when you look at housing, consumer, even auto and aerospace, all those data points point to 2013. >> are you buying the market on any pullback? >> i like the santa claus rally with josh and would be raising cash. i think the risk in the markets further on the down side than the up side. but when you see some real pullbacks, buy the stock if you like it. >> morgan stanley's top market watcher has been bearish all year and not ready to change his mind. adam parker joins us live. welcome back to halftime. good to see you. >> how are you, scott? >> 1167 is where you thought we would be at the end of the year. you'll be far short. why aren't you willi
particularly on the consumer side as well, because of sandy. so i think in the meantime, until we get a resolution, i've said before, i think you're going to be in a trading range. and i think into the strength of the market, you want to take some off, never bad to have some cash. but on these pullbacks, i think you want to be buying, because i actually think the economy is getting better, particularly when you look at housing, consumer, even auto and aerospace, all those data points point to...
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Dec 3, 2012
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Dec 3, 2012
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sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at least not yet. we'll hear from somebody saying offering home loans would be a boone for walmart stocks. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. when you take a closer look... ...at the best schools in the world... ...you see they all have something very i
sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at...
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Dec 3, 2012
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start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm needs that upswing in trucks lig right now. >> how does this get counted as sales? customers may not have the cars yet but dealers are ordering the cars to try an make up for lost inventory. is that correct? >> basically, yeah. the minute the car or truck gets put on the haul-away, whether a rail head or a truck, that's when it transfers to the dealer. when you get down to it, the car companies don't sell cars to customers. their customer is the dealer and the dealer resells them. when you see sales you aren't seeing registrations. as a res
start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm...
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Dec 7, 2012
12/12
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now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation rate, down 0.2 to 63.6%. how did we get to 7.7% unemployment? basically the number of unemployed persons dropped more than the number of employed and there were downward trends in both those categories. lots to chew on. back to you guys. >> hampton, thank you. we are kind of scratching our heads. let's get more reaction from our panel. mark zandi and jared bernstein are here with us. mark, what do you make of this number? we've set this up as numbers were not going to be things we watched closely because of sandy. >> i'd say two things
now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation...
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Dec 7, 2012
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there were 200 to 250,000 cars destroyed. not quite that many were sold last month but played into the increase we saw to a certain extent. used car sales were not up as much. true car.com estimating 4%. lori: give the time of year i was reading that the storm and length of time on average people holding onto the cars is like 11 years is actually giving support to overall car prices. can you comment on that? >> yes. sales, transaction prices were up. so were incentives. so kind of balanced itself a little more. people are spending more on cars. shoving a
superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there...
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Dec 6, 2012
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if it were not for sandy that number would have been north of 200,000. adt may have a stronger jobs report that's the big one economists look at. we expect 93,000 nonfarm jobs have been created last month. the numbers are weak and they suggest it's not just a storm but it is worried about the fiscal cliff holding businesses back from hiring. >> business owners and other people on e-mail which is most of us. when you are reading the e-mails and writing them you rate changes. >> pay attention i guess. do you hold your breath when you are reading an e-mail. it is e-mail apnea. study shows 80 percent of folks have it. when you hold your breath it jacks up your heart rate and live pours glucose into the bloodstream. it ballotses oxygen. don't hold your breath when you read e-mail. >> maybe we get stressed out when you wake up. >> twitter and facebook you have to go through those, too. >> fox business network. 10 after the hour. still to come the aclu coming after a judge for sentencing a teen to ten years of church. the teen doesn't have a problem with it so
if it were not for sandy that number would have been north of 200,000. adt may have a stronger jobs report that's the big one economists look at. we expect 93,000 nonfarm jobs have been created last month. the numbers are weak and they suggest it's not just a storm but it is worried about the fiscal cliff holding businesses back from hiring. >> business owners and other people on e-mail which is most of us. when you are reading the e-mails and writing them you rate changes. >> pay...
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the labor department says sandy did not substantially impact the data. markets a bit positive after those numbers came out dow up 40 bloomberg silicon valley index up by more than a half%. -- more than half a percent. h & m recycling program -- the goal is to reduce textile waste and find solutions that involve using more recycled textiles in new clothes. i'm jane king. >>> a little fog out there that mike is tracking otherwise cold. >> it is many here's the reason why, lack of clouds, beautiful from our roof cam under the bay bridge down to the diablo range you can see yellows, warming of the sun coming our way today and through at least tuesday temperatures may near 70° in some areas. live doppler 7 hd we are tracking fog in our inland valleys, unlike yesterday, not as damp not as misty, the fog is thick in some areas down to a quarter even 8th of a mile visibility so be careful this morning. temperatures the other big story, cool in the north bay, santa rosa 37, napa 39, most of us in the 40s, san jose 51° i am mid to upper 40s around the -- montere
the labor department says sandy did not substantially impact the data. markets a bit positive after those numbers came out dow up 40 bloomberg silicon valley index up by more than a half%. -- more than half a percent. h & m recycling program -- the goal is to reduce textile waste and find solutions that involve using more recycled textiles in new clothes. i'm jane king. >>> a little fog out there that mike is tracking otherwise cold. >> it is many here's the reason why, lack...
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how hurricane sandy might've helped the car business. that's coming up next. and that new information on a murder suspect found dead in an alaska jail cell. why police say this man, who once tried to escape from courtroom, may be linked to a least seven other killings. [inaudible] but she loved it so much... i told her it was homemade. [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. jon: a fox news weather alert for you now. three back-to-back storms lashing parts of northern california this weekend creating quite a mess. in redwood city a huge tree completely knocks down a power line near one family's home. utility crews say this is why tens of thousands of people remain in the dark there. but the storm also producing a welcome sight. lots of snowy forecasters say actually helped contain many of the areas rising rivers. meteorologist maria molina live in the fox news weather center. >> jon, good to see you. that's right we saw a lot of heavy snow among higher elevations across portions
how hurricane sandy might've helped the car business. that's coming up next. and that new information on a murder suspect found dead in an alaska jail cell. why police say this man, who once tried to escape from courtroom, may be linked to a least seven other killings. [inaudible] but she loved it so much... i told her it was homemade. [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. jon: a fox news weather alert for you...
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. >> it is call would camp sandy. a bus driver picked up 32 kids and their parents and brought them to gateway academy in staten island. >> it is fun. they shared their story and arts and crafts and zoomba and burn off their energy and take nonperishables from a distribution center. >> these kids are hero to me. what they have gone through i couldn't go through this time of year. >> many parents are expressing concerns to politicians in a new door town hall meeting. >> we go to home openers and fem a. home opener's insurance offered me $150 what can i do with that. fema ain't doing nothing. denied. denied. >> evacuees say this time of entertainment and fellowship is much needed. >> i am happy and you could see it in their eyes and they want to come back and they know better. >> in this distribution center is exive and partners can pick up nonperishables. >> what are they happening out. meals ready to eat and diapers and baby formula and even tools. the distribution center and camp is only what is going on in gate way
. >> it is call would camp sandy. a bus driver picked up 32 kids and their parents and brought them to gateway academy in staten island. >> it is fun. they shared their story and arts and crafts and zoomba and burn off their energy and take nonperishables from a distribution center. >> these kids are hero to me. what they have gone through i couldn't go through this time of year. >> many parents are expressing concerns to politicians in a new door town hall meeting....
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industry-wide because of sandy. toyota said they they 400,000 cars were damaged in sandy, a boost to gm and ford. look at the stock there. ford stock not harmed by news of another recall for them. that recall's interesting because they don't have a great fix for that, but, you know, didn't hurt the stock. sales, obviously, still pretty good, really bringing it to toyota on those electric and those hybrid sales. good for u.s. auto makers as well. there's the headlines. auto industry. >> jeff from chicago. >> literally up to speed. >> ha-ha, very good. >> thank you, couldn't resist. >> well -- >> ups and amazon have jobs in the shipment facilities, but there's not a way to fill them. tell you why. >> all right. the idea that the president should negotiate the debt deal with congress on c-span, they should televise the whole thing. realistic or something we would ever want to watch? neil cavuto, we'll see what he thinks of it. heath coming up live in studio, but, first, markets here on "markets now," and here's the win
industry-wide because of sandy. toyota said they they 400,000 cars were damaged in sandy, a boost to gm and ford. look at the stock there. ford stock not harmed by news of another recall for them. that recall's interesting because they don't have a great fix for that, but, you know, didn't hurt the stock. sales, obviously, still pretty good, really bringing it to toyota on those electric and those hybrid sales. good for u.s. auto makers as well. there's the headlines. auto industry. >>...
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sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we are on track to finish this year probably at about 14 1/2 million. that's going to fall shy of the 16 million in 2007 but above what we saw in 2008. it's certainly what we were expecting and we'll have even stronger numbers in december. >> it is a really good numbers from honda as well. phil lebeau, thank you for that. >>> twint che >>> i want to check back in with jackie deangelis. president taking questions via twitter. >> the first question was@paulmmckenzie. can you assure us that any fiscal cliff negotiations regarding entitlement reform will not hurt th
sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we...
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Dec 8, 2012
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[applause] >> it's now my girlish introduce our keynote speaker at admiral sandy winfield. admiral winnefeld is serving as the ninth vice chairman of the joint chiefs of staff, and america's second highest ranking military officer. admiral winnefeld received his commission to enable rotc program. he flew the f-14 tomcat. he taught at the weapons at school. admiral winnefeld commanded among many commands fighter squadron to 11, uss cleveland, the uss enterprise leading the big the enterprise through combat operations in afghanistan immediately following the terrorist attack september 11, 2001. as commander of the uss theodore roosevelt carrier strike group, he led task force is in support of operation iraqi freedom. he also has commanded the u.s., united states six fleet, nato ally joint command in lisbon. is sure to was included service on the fleet forces command, joint forces command, to was on the joint staff including being a g5 aid to the joint chiefs of staff, and executive assistant to the vice chairman of enable operations. he commended the north american aerospace
[applause] >> it's now my girlish introduce our keynote speaker at admiral sandy winfield. admiral winnefeld is serving as the ninth vice chairman of the joint chiefs of staff, and america's second highest ranking military officer. admiral winnefeld received his commission to enable rotc program. he flew the f-14 tomcat. he taught at the weapons at school. admiral winnefeld commanded among many commands fighter squadron to 11, uss cleveland, the uss enterprise leading the big the...
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Dec 4, 2012
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many left homes by superstorm sandy confronting fema officials. outraged victims say fema has left them to fend for themselves. that is despite president obama's promise to cut the red tape. we're joined by a man from the meeting. tom, i take it this gentleman was not the only one who was distraught with fema, is that right? >> of course. almost everybody at that meeting has different issues with fema, whether you lost your whole house and you have flood insurance or you don't have flood insurance. you know, that's where they're at. some people lost half their house, cars, you know. there's a lot of discrepancy in how fema lets out the money, you know. i can tell you stories where people, i know two people who had the same amount of damage, and one person, and they live on the same type of concrete slab, foundation house, right. and one person's floor is not their living quarters because they had three floors and one person's floor is their living quarters because there's only two floors. that person got 2000. she had like 8 inches of water in her
many left homes by superstorm sandy confronting fema officials. outraged victims say fema has left them to fend for themselves. that is despite president obama's promise to cut the red tape. we're joined by a man from the meeting. tom, i take it this gentleman was not the only one who was distraught with fema, is that right? >> of course. almost everybody at that meeting has different issues with fema, whether you lost your whole house and you have flood insurance or you don't have flood...
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gerri: sandy is an issue. >> sandy is a issue. it is temporary. people absorb the fear and move on. it is a great time to buy. time-shares are still lange wishing. i know, who wants a time-share? if you want a time-share you could get it for 30 cents on the dollar. gerri: wow! that is big discount looking for a discount out there. that is great advice. what other advice can you give to people trying to get rid of their house right now? they're trying to sell, trying to unload a house? maybe they lost a lot of value in that property? >> listen, it is no fun to lose value in a house and have to adjust to the idea you're going to get less money but what is great about the market less now you have another 30% increase in buyers out there. you have one-third fewer homes for sale. you have less competition and more people who want them. you have also out there is buyers are believing that the best part of the market might be gone. and that really pushes them into the market and gives you a higher bid. i think homeowners right now the best is yet to come. for buyers, the best already has h
gerri: sandy is an issue. >> sandy is a issue. it is temporary. people absorb the fear and move on. it is a great time to buy. time-shares are still lange wishing. i know, who wants a time-share? if you want a time-share you could get it for 30 cents on the dollar. gerri: wow! that is big discount looking for a discount out there. that is great advice. what other advice can you give to people trying to get rid of their house right now? they're trying to sell, trying to unload a house?...
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commerce department says it's not mostly sandy. it's other stuff. we are expecting home building to have the first positive impact on construction this year since 2005 think about that that's very good news. sandy will have a impact next month. >> haven't been able to get in there much yet. >> that's right. >> gerri willis, good to see you. >> good to see. >> you there is a shortage of small town doctors, anybody in a small town knows that national health fewer than 10% practice in rural areas. even though a quarter of the u.s. population lives there but medical schools are trying to reverse the trend. alicia acuna with more on that from our rockie mountain newsroom. >> hi, shep. this is an idea in the works by the university of kansas medical school. they have opened up satellite campus small town educating future dock norris a place where they will see patients. these medical students in salina kansas are pioneers. >> it's a great feeling because we are doing something that nobody has done before. >> attending what may be the smallest school in th
commerce department says it's not mostly sandy. it's other stuff. we are expecting home building to have the first positive impact on construction this year since 2005 think about that that's very good news. sandy will have a impact next month. >> haven't been able to get in there much yet. >> that's right. >> gerri willis, good to see you. >> good to see. >> you there is a shortage of small town doctors, anybody in a small town knows that national health fewer...
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Dec 9, 2012
12/12
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WBAL
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while officials say sandy was unprecedented, it wasn't entirely unexpected. for three decades, officials were told to prepare for a storm of historic proportions and a l law. >> nobody's taken the political courage to say, here's the standard for prepareness, here's the standard for recovery, we're going to help you fund it and then we're going to punish you if you don't get is there. >> reporter: three state reports since 1975 focused on preparedness, one addressed new york's preparability saying the sea level rise will progress regardless of new york's response. officials dealt with problems like housing, gas shortages and firings as they arose. congress even approved an army corps of engineers hurricane protection study nearly two decades ago, focusing on hard hit staten island. >> maybe some of these houses would have been saved. >> that report remains unfin nucleared. >> we have wased tax dollars and the city, sta the. >> reporter: changes that strengthen existing emergency response plans, leaders say that ultimately saved lives, but with no, now asking
while officials say sandy was unprecedented, it wasn't entirely unexpected. for three decades, officials were told to prepare for a storm of historic proportions and a l law. >> nobody's taken the political courage to say, here's the standard for prepareness, here's the standard for recovery, we're going to help you fund it and then we're going to punish you if you don't get is there. >> reporter: three state reports since 1975 focused on preparedness, one addressed new york's...
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Dec 10, 2012
12/12
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both the creek and the canal overtop their banks when sandy's storm surge reached them. the water lapped on to sidewalks and poured into buildings nearby. here in the green point neighborhood the newtown creek is less than a quarter mile away. one of new york's biggest sewage treatment plants, which was also in the flood zone, is just around the corner. resident jacqueline lomb barred says water poured into her house from both directions. >> the evening that sandy hit, we were hit with an eight-foot storm surge. that basically flooded my basement up through the ceiling and my landlord's basement here up through their first floor. so it was a very smelly noxious mix. >> reporter: the flood waters drained out of lomb barred's basement imikly but left a lot of muck behind. >> there was a lot of silt, a lot of mud, a lot of debris. sewage that flowed in and then flowed out. and the residue was left. >> reporter: the flood left residue in this person's waterfront furniture workshop too. >> there was an oily sheen, a slippery feel to everything. i saw a good number of things t
both the creek and the canal overtop their banks when sandy's storm surge reached them. the water lapped on to sidewalks and poured into buildings nearby. here in the green point neighborhood the newtown creek is less than a quarter mile away. one of new york's biggest sewage treatment plants, which was also in the flood zone, is just around the corner. resident jacqueline lomb barred says water poured into her house from both directions. >> the evening that sandy hit, we were hit with an...
WHUT (Howard University Television)
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Dec 6, 2012
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and compare it to new york and new jersey alone after hurricane sandy asking for $60 billion, to deal with one storm. >> secretary clinton was on the front foot in copenhagen. she is the one that announced its $100 billion commitment from developed countries. we're here from the u.s. is, we put some money on the table to start things up but we cannot tell you when the rest of the money is coming and how much it will be. it is easy to say that it is all about the budget process, so let us remind ourselves, during the financial crisis, the money to save the banks was very quickly forthcoming. depending on who you ask it was either $700 billion or $12 trillion. that just shows when you have the political will, you could find the money. what we would like to see from the united states, he will let them to be a leader on that finance. it is not about giving a present to poor countries. it is insurance for people living in the united states, that we are going to help the world. we are about to get a change of the state department. this is a tremendous opportunity to reset climate policy. th
and compare it to new york and new jersey alone after hurricane sandy asking for $60 billion, to deal with one storm. >> secretary clinton was on the front foot in copenhagen. she is the one that announced its $100 billion commitment from developed countries. we're here from the u.s. is, we put some money on the table to start things up but we cannot tell you when the rest of the money is coming and how much it will be. it is easy to say that it is all about the budget process, so let us...
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Dec 2, 2012
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experts think superstorm sandy could affect this. a lot of people having a hard time getting around, power is out. really put a lot of folks behind. we'll see how that goes. on saturday, a big day for college football fans. heisman trophy winner will be announced. we'll find out who the best player in college football is. last year, can you remember who it is? nfl star robert griffin iii won the heisman. that's your week ahead. >>> well, his name was jordan davis, a 17-year-old boy who was shot and killed at a florida gas station. it all happened after a dispute over loud music. now those closest to davis are saying good-bye as they struggle to understand why this happened. our george howell has the story. >> reporter: as family and friends laid 17-year-old jordan davis to rest, it's the reason for his death that has mourners here baffled. >> that was just terrible. that should never happen. >> the last time i spoke to him was thursday night on thanksgiving. and it's just all hard because i miss him so much. >> reporter: it happened
experts think superstorm sandy could affect this. a lot of people having a hard time getting around, power is out. really put a lot of folks behind. we'll see how that goes. on saturday, a big day for college football fans. heisman trophy winner will be announced. we'll find out who the best player in college football is. last year, can you remember who it is? nfl star robert griffin iii won the heisman. that's your week ahead. >>> well, his name was jordan davis, a 17-year-old boy who...
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Dec 6, 2012
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as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this number is going to tell us nothing tomorrow? > know there's going to be a lot of discussion about it. i'll stick to my guns, it's a 125 to 150 economy growth some of that could be sandy. i don't donknow if you want to k about that chart. this looks at the net effect acceptable. if 30% say it's acceptable and 20% say -- these are what we asked people. how many is that? that's five of eight different solutions. >> people say, yes, we're okay dealing with the fiscal cliff, if you raise taxes on those who make more than $250,000 and then you cap deductions, and virtually everything else is off the table. >>
as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this...
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Dec 4, 2012
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. >>> superstorm sandy victims ripping into female. fema. ♪ [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. sowhy let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >> the
. >>> superstorm sandy victims ripping into female. fema. ♪ [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. sowhy let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects...
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Dec 10, 2012
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. >> they have a leave for safety reasons during super storm sandy. when they left behind wasn't safe at all. tell but that 20 minutes to the top of the hour. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you spend all day cooking it. so why spend even a moment considering any broth but swanson? the broth cooks trust most to make the meal folks spend all year waiting for. in stuffing and more, the secret is swanson. this bible changed the world. i'm kirk cameron. four hundred years ago our forefathers risked their lives to bring this bible to the shores of america. because it contained the principals for economic liberty, political liberty and religious freedom. the 1599 geneva bible. it was the first complete english translation, complete with chapters, numbered verses and 300,000 utterly unique study notes. it actually came out before the king james version and because the go
. >> they have a leave for safety reasons during super storm sandy. when they left behind wasn't safe at all. tell but that 20 minutes to the top of the hour. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you spend all day cooking it. so why spend even a moment considering any broth but swanson? the broth cooks...
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Dec 6, 2012
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. >> greta: victims of superstorm sandy blasting the feds in a 60 seconds. first, let's go to the new york newsroom where ainsley earhardt is standing by with the headlines. >> police arresting software guru john mcafee in guatemala. he crossed into the country to evade authorities in belize who want to question him in connection with the murder of his neighbor. mcafee maintains he's innocent and he says that he left because he's afraid police will kill him if he's caught. authorities in guatemala say he was arrested for illegal entering the country. >>> the national weather service looking to change its hurricane warning system in the wake of superstorm. the agency said that it might start issuing watches and warnings for life threatening storms even when they're no longer hurricanes or tropical storms. critics argue that people in the northeast didn't realize the dangers of sandy. the storm killed more than 125 people in the u.s. i'm ainsley earhardt. now back to greta. thanks for watching fox. have a great night. >> you're the president of the united stat
. >> greta: victims of superstorm sandy blasting the feds in a 60 seconds. first, let's go to the new york newsroom where ainsley earhardt is standing by with the headlines. >> police arresting software guru john mcafee in guatemala. he crossed into the country to evade authorities in belize who want to question him in connection with the murder of his neighbor. mcafee maintains he's innocent and he says that he left because he's afraid police will kill him if he's caught....
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Dec 3, 2012
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off the sandy spending included floating shelters, emergency supplies. the cause for new york state alone is about $33 billion. federal contract spending related to a sandy does not come close to the amount spent in the work week of hurricane medicare patients have save $5 billion on prescription drugs since passage of the health-care overhaul two years ago. the savings are a continuation of the 2010 health care laws attempt to close the door on the whole or the prescription drug expenses that can wants medicare runs out. the budget office announced an added benefit. cheaper drugs means more people taking their medication and reducing long-term medical costs. >> schools for thousands of public school students is about to get longer. five states will announce today their adding at least 300 hours of learning time to some schools starting next year. we're talking about paul rafeal, connecticut, massachusetts, new york and tennessee all taking part in this initiative. the goal is to improve student achievement and make u.s. schools more competitive on the g
off the sandy spending included floating shelters, emergency supplies. the cause for new york state alone is about $33 billion. federal contract spending related to a sandy does not come close to the amount spent in the work week of hurricane medicare patients have save $5 billion on prescription drugs since passage of the health-care overhaul two years ago. the savings are a continuation of the 2010 health care laws attempt to close the door on the whole or the prescription drug expenses that...
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. >>> -- coming up, superstorm sandy forcing the national weather service to rethink the way it warns the public about dangerous staorps. proposal would give the service the option of aoeufrb ewing watches and warnings for storms that threaten life and property between they are no longer and tropical storms. the service was criticized after it stopped issuing warns after winds fell below 74 miles an hour. critics say that caused in the storm's path to fail to realize now dangerous it still was. >>> dispute over the price of crab keeping boats in port in san francisco, half moon bay and bodega bay before thanksgiving fishermen were earning $3 a pound prices took a dive after the holiday. fish brokers are paying $1.80. last year fishermen were on strike for weeks until they reached an agreement. >>> 5:57. it is raiders day on abc 7 fans are already pumped up. >>> watery mess in san francisco causing problems for commuters right now. why the driver who hit this hydrant is in jail this morning. >>> he did having news in east bay deputies found a body alongside i-680. we are live at the sc
. >>> -- coming up, superstorm sandy forcing the national weather service to rethink the way it warns the public about dangerous staorps. proposal would give the service the option of aoeufrb ewing watches and warnings for storms that threaten life and property between they are no longer and tropical storms. the service was criticized after it stopped issuing warns after winds fell below 74 miles an hour. critics say that caused in the storm's path to fail to realize now dangerous it...
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Dec 10, 2012
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scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter: this school's 1,100 students are being bussed to temporary schools like ps-13. >> we have students on the stage. they have the conference rooms, everything. we're using every single space in the room. we had little nooks. they're in nooks everywhere. >> reporter: honor student ryan panetta lost his home to sandy and his school. he told us what scholars' means to him. >> it was just fun to be there. like made kids actually like want to learn. >> reporter: fred is working to fix the school where his father worked and where he studied. he dreams his son will go there one day too. >> it's the best hig
scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter:...
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Dec 5, 2012
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the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at
the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal....
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Dec 8, 2012
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president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations committee about the benghazi attacks. september 11th all the on the u.s. consulate in libya left ambassador chris stephens and three others dead. clinton will testify before the 130th congress sometime in january. she's also agreed to testify before the house foreign affairs committee. i'm li elizabeth pren in new yo. for all the headlines, log onto foxnews.com. >>> a warning that some of our nation's biggest companies may be hoodwinking you, the taxpayers. major companies like gm taking advantage of all kinds of incentives and tax breaks from local and state governments, but are the communities, meanin
president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations...
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Dec 10, 2012
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put on a diss -- they put on a christmas basketball game to support those dealing with super storm sandy. students were catches and many of the students and alumni are from areas hard hit by the storm. they raised 900 dollars for someone to hear jimmy pregame speech one night. >> that's great. >>> big blustery winter storm is moving across america's heartland. the sea seen first big storm -- season he's first big storm is dumping snow in northern plains and western great lakes. more than 150 flights were canceled at the minneapolis airport. roads across the area shut down 300 car crashes and spinouts and vehicles. blizzard like conditions are expected to start off the week in the upper midwest. >> and now, maryland's most accurate forecast. >> that close to home look at annapolis today. a lot of fog for most of your afternoon. that has really kept the visibilities down ijamsville and havre de grace dealing with the fog. and we have a dense fog advisory for havre de grace through the course of tonight. 46 right now in town. look at the humidity. 100% so that cloud right on the surface. an
put on a diss -- they put on a christmas basketball game to support those dealing with super storm sandy. students were catches and many of the students and alumni are from areas hard hit by the storm. they raised 900 dollars for someone to hear jimmy pregame speech one night. >> that's great. >>> big blustery winter storm is moving across america's heartland. the sea seen first big storm -- season he's first big storm is dumping snow in northern plains and western great lakes....
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Dec 6, 2012
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>> greta: outraged victims of superstorm sandy blasting president obama and fema for leaving them out in the cold. more than a month after sandy battered the east coast, many people still without electricity, others struggling to rebuild their homes. and they say the feds are not giving them the help they promised. tonight in new york, fed up victims confronting government officials. wnyw reporter is live in balance hor borbalharbour queens with t. >> reporter: this meeting was a bit calmer than that. probably because it was inside of a church, but folks here just as frustrated with the entire process. you may remember that the cap for fema if you received the aid and go through all the red tape is just under $32,000 which seems like a decent amount. when you're talking about the cost of living here in the new york metro area, it's kind of like small potatoes. we were talking to one couple here, their home gutted, but they want to rebuild. they have to rebuild. this is the only area they've ever known to live in here, so they have nowhere else to go. they're going to have to reach int
>> greta: outraged victims of superstorm sandy blasting president obama and fema for leaving them out in the cold. more than a month after sandy battered the east coast, many people still without electricity, others struggling to rebuild their homes. and they say the feds are not giving them the help they promised. tonight in new york, fed up victims confronting government officials. wnyw reporter is live in balance hor borbalharbour queens with t. >> reporter: this meeting was a...
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Dec 8, 2012
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for more than 60 billion dollars to help east coast states recover from the devastation of superstorm sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and the white house wrote a letter to congress yesterday that says these are funds necessary to finance a needed recovery effort and to help the the region prepare for future challenges, including future severe storms and coastal flooding, swells impacts associated with a changing climate. but, amid the debt debate in d.c., there are questions how easy it will be to get congress to write such a big check and speaker boehner's spokesman says we will review it and al rogers says it's up to congress to help those hurt by sandy, but also our responsibility during these tight budget times to make sure that the vict
for more than 60 billion dollars to help east coast states recover from the devastation of superstorm sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and...
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Dec 7, 2012
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we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick aro
we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you...
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Dec 10, 2012
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sandy, fiscal cliff. but as a result, the ones that fall and come down a lot, those are the ones you pick at. >> and pope benedict is launching a new application. pope to you on facebook. the application lets you listen to his words, see his pictures and receive messages of congratulations through virtual post cards. >>> all right, all right, sema? >> hewlitt packard jumping nearly 4%. carl may be interested in the company. hp facing serious issues and the stock faulling 44%. own an fast money at 5:00, we want to know if you think they can rise from the dead. >> thank so much. >>> final trades up next when we come back on "halftime." s. i d'. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes inve
sandy, fiscal cliff. but as a result, the ones that fall and come down a lot, those are the ones you pick at. >> and pope benedict is launching a new application. pope to you on facebook. the application lets you listen to his words, see his pictures and receive messages of congratulations through virtual post cards. >>> all right, all right, sema? >> hewlitt packard jumping nearly 4%. carl may be interested in the company. hp facing serious issues and the stock faulling...
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Dec 10, 2012
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not everyone was affected by hurricane sandy. staten island was hard hit and parts of queens hard hit and some parts of new jersey. >> gretchen: what is the most ups íáing part to you. what was your gut instinct? >> why are children tting it that shouldn't. parents can afford to give children their lunchh. >> this is what kristin gillebrand said. we just opened it up for all kids. you i can see that from a certain point of view . with all of the forms and who was displace what was not. you think there could have been a easier process. >> they know each child that was affected. this child gets a free lunchh and this doesn't. that's how they should do it. >> gretchen: they are saying that the storm will cost the american taxpayer $60 billion. is this a waste of the money. >> i think it should go to families who need it i am not getting anything. my homeowners and flood insurance is not giving me anything. they are just giving rental assistance. it should just go to families. >> gretchen: we are looking at pictures of devastation
not everyone was affected by hurricane sandy. staten island was hard hit and parts of queens hard hit and some parts of new jersey. >> gretchen: what is the most ups íáing part to you. what was your gut instinct? >> why are children tting it that shouldn't. parents can afford to give children their lunchh. >> this is what kristin gillebrand said. we just opened it up for all kids. you i can see that from a certain point of view . with all of the forms and who was displace...
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Dec 5, 2012
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you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000. >> that will add some jobs, that's not a fair comparison. >> so 200,000 minus 60 is 150 -- >> so you're right there. >> i don't think the economy has chang chang changed deappreciably over the last year. >> well, i think coming into friday's number, we're a little -- we don't think there's 80,000 worth of impact, might be closer to 40,000 or 50,000. whatever, there's been an impact and i agree with mark's point, 1 in about 150,000 job creation in the economy and i don't know that meaningfully changes. but i would say, if anything, the bias next year
you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000....
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Dec 10, 2012
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a lot has to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching tonight, where are the jobs? >> that is the question. we did some digging and here is what we found. not a surprise. retail up, 53,000 up in, and professional, hospitality and restaurants. hotels and 23,000 and health care up 20,000. these are good numbers. and will it continue? they are not so sure given what is going on in washington. >> that is the big question, bianna, thanks for being here. >>> in the nfl today, they were mourning their tragic loss. the dallas cowboys bowing their heads in a moment of silence to remember their teammate jerry brown who died in a car accident. it was another team member, josh brent, who was driving. he is charged with driving drunk and manslaughter. today in court, he was unable to make dale. he issued a statement saying i will live with this
a lot has to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching tonight, where are the jobs? >> that is the question. we did some digging and here is what we found. not a surprise. retail up, 53,000 up in, and professional, hospitality and restaurants. hotels and 23,000 and health care up 20,000. these are...
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Dec 6, 2012
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forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that what's they are arguing. >> reporter: that's what they are arguing. but the president wants higher tax rates on the rich web's standing firm on that. the republicans are not going to say caved but they agreed to $800 billion in extra tax revenues over 10 years. so yes a tax increase is coming in one form or another. and you add that to the payroll tax increase and you have got a big tax increase coming count pike in a weak economy. martha: it will hurt across the board from the top to the bottom. everybody's financial picture will look different in
forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that...
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Dec 3, 2012
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some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden and stole sports memorabilia other items that were supposed to be part of a bankruptcy filing. >>> the game of political chicken, we were looking to rise above the partisan politics and trying to get something done. david walker, ceo of the america comeback initiative, steve mcmahon, co-founder of purple strategies, you guys have been on for a while and we've talked about a lot of things. steve, just 1:30 ag ago, you made a point talking about the bush tax cuts. and i said the tax cuts have been near and dear and you said at least bush was smart enough to know that we couldn't afford them so they were sunseted. >> so they were sunseted. >> that may happen. in
some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden and stole sports memorabilia other items that were supposed to be part of a bankruptcy filing....
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Dec 6, 2012
12/12
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WBAL
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kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding. how much do we love that in a rail? however, the auto industry only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many american railroads, we know that because we have backed away from a lot of rails because of the coal. but they have something the other railroads don't have, consistently high growth, not that low single digit stuff and not susceptible to the cyclical nature of coal or the ongoing war between natural gas and coal in the fight to be fuel for american utilities. and that's why i'm naming it my new favorite railroad. even over and above union pacific, which has always been my favorite. don't get mad at me, union pacific. i used a great union pacific calendar, but it's december. that one's off the wall. anyway --
kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding. how much do we love that in a rail? however, the auto industry only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many american...